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05-15-2013, 10:28 AM
  #85
worraps
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Join Date: Oct 2011
Location: Edmonton
Country: Canada
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Quote:
Originally Posted by Replacement View Post
Well, the city owns the window, and the entire building it looks out of. Using your own quote why are they paying Katz for the window view? Because he promises to spray it with windex once/yr ?


Obviously what I'm stating is its mysterious for the city to have to pay an advertising fee on a building they own. One would infer that there could be some benefit of ownership..
The city is advertising with the Oilers not the arena. This is the typical arrangement.

I think the mistake here is to view the City as a profit driven entity. It's not.

The City is in the business of collecting taxes and building projects just like this.

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